Columbus, Ohio Housing Report: Strong First Quarter!

IMG_7421

Looking to sell or buy a home? Now’s the time!

The Columbus Board of REALTORS® has confirmed what I’ve been experiencing so far this year – the market is full of activity and showing healthy increases all around. A majority of central Ohio REALTORS® agree with me, calling the market moderate to strong. The positive outlook continues for the next year.

According to the data they have collected so far this year:

  • Residential home sales (4,844) were up 17.6 percent over the previous year (4,119)
  • The number of pending sales (3,245) were up 19.3 percent from the first three months of 2013
  • The median sales price of a home sold in central Ohio in March 2013 was $135,000, up 4.9 percent compared to last year ($128,650)
  • The average sale price of $160,233 during March was also up 4.9 percent from one year ago

Chris Pedon, President of the Columbus Board of REALTORS® is quoted in the article:

“We’re getting a lot of interest from current homeowners who’ve been paying attention to what’s been happening with housing recently,” says Pedon. “Low interest rates, strong demand and improved sale prices make a compelling argument for selling a home right now. Whether homeowners want to move up or out, they should seriously consider the benefits of the current housing market.”

View the current Central Ohio Local Market Update.
View the currentHousing market report by area.

View the entire report by clicking here.

For advice on buying or selling a home or for a free consultation, contact me and my team! We are Central Ohio real estate professionals ready to serve you with your real estate needs. Call me at 614.336.7514 or email anytime Lori.Hicks@RealLiving.com.

Advertisements

About Hicks Elite Realty Professionals

Highly-qualified and enthusiastic real estate professional ready to help both buyers and sellers with their real estate needs.
This entry was posted in Central Ohio News, Central Ohio Real Estate News, Central Ohio Realtor, Ohio Real Estate and tagged , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s